During research and other academic endeavors, faculty, staff, and students often make new discoveries, invent novel technologies, author creative works. Such discoveries, inventions, creations, and similar works have value and are known as intellectual property (IP). As you perhaps know, ISURF has the resources to protect and enhance the value of this property.
In 1938, the Iowa State University Research Foundation, Inc. (ISURF) was established to manage the collection of IP that arises from the work of Iowa State employees and students. ISURF is a non-profit corporation. Its Board of Directors has full power to manage, direct, and conduct the affairs and business of the corporation. ISURF has an exemplary record of success.
ISURF's current mission statement is as follows: To own, manage, and protect intellectual properties including patents, copyrights, and materials on behalf of the university. In cooperation with the Office of Intellectual Property and Technology Transfer (OIPTT), procure legal counsel to protect, manage, and develop those properties. Manage the proceeds from licensing for the benefit of the university and the State of Iowa while remaining financially independent and self-sustaining. Benefit the public by enabling the use of university research by the private sector.
Adding Value to IP
- Support the university’s missions of creating, sharing, and applying knowledge.
- Invest in the university through funding to the Vice President for Research (VPR) office to contribute to the hiring and retention of outstanding faculty.
- Provide seed funds to develop disclosed technologies in order to improve commercial potential.
- Provide financial support to university start-ups (rent and fees for professional consulting).
- Protect Iowa State University's intellectual property and enforce Iowa State University's rights.
A significant part of ISURF’s mission is adding value to Iowa State’s IP through further development. To help achieve this, ISURF offers a grants program. The intent of this development is to improve the likelihood that a technology can be used in a practical way and therefore will be of interest in a commercial market. Much of Iowa State’s IP has commercial value and is available to license.
For More Information
You may contact us by general e-mail or communicate directly with a specific member of our staff.